Showing 1 - 10 of 23
The manufacturing sector has contributed little to income growth and its share in total merchandise exports has been declining. Manufacturing has not brought much new employment, and most of the recent rise in manufacturing employment has been in the informal sector, where workers are not...
Persistent link: https://www.econbiz.de/10011276811
Policy efforts to revitalise entrepreneurship and investment in Spain are key to generating growth and new jobs. The …
Persistent link: https://www.econbiz.de/10011276814
This paper presents evidence on firm demographics and firm survival for a group of ten OECD countries. For each country a dataset of sectoral indicators of firm dynamics has been created using information from business registers. The patterns of firm entry, exit, survival and employment growth...
Persistent link: https://www.econbiz.de/10005045880
This paper analyses several of the cross-market effects of policies aimed at influencing outcomes in product and labour markets. Focusing on subsets of OECD countries, we look at the implications of product market competition for industry wages and overall employment, and the implications of...
Persistent link: https://www.econbiz.de/10005046127
The downturn in fixed investment among advanced economies from the onset of the global crisis was unusually severe …, widespread and long-lasting relative to comparable episodes in the past. As a result, investment gaps are large in many countries … points of GDP or more in several countries. A significant proportion of this investment shortfall is attributable to soft …
Persistent link: https://www.econbiz.de/10011276786
Uncertainty faced by households and firms affects economic activity. The rise in uncertainty since the beginning of the sovereign debt crisis in Greece could be one factor that has contributed to the steep and long-lasting recession. This paper presents a brief empirical analysis quantifying...
Persistent link: https://www.econbiz.de/10011276951
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
This paper investigates the role played by deregulation on firms’ investment decisions in infrastructure sectors. The … entry, public ownership, vertical unbundling and the existence of an independent regulator with firm level investment … behaviour. We find that the impact of regulation on investment is both sector and firm specific. A reduction in the degree of …
Persistent link: https://www.econbiz.de/10009322440
Low investment rates are limiting Brazil’s future potential growth rate. This paper analyses a number of potential … reasons for these low investment rates and discusses policy options to achieve faster capital accumulation. A shortage of … domestic saving appears to be a major constraint to higher investment rates in Brazil. Due to high levels of current …
Persistent link: https://www.econbiz.de/10009350673
Investment in network infrastructure – the energy, water, transport and telecommunication networks – which performs a … better. While the paper shows that investment in the network industries has had a positive effect over and above the addition … to the capital stock, there is evidence that investment in the past has sometimes been misallocated. This paper …
Persistent link: https://www.econbiz.de/10005045612